Commerzbank London and UniCredit announced they have successfully processed the first U.K. Bank Payment Obligation (BPO) live transaction. The transaction covers the export of chemicals from Ireland to Italy. Commerzbank’s customer in the transaction is the supplier, Heraeus Metal Processing, an Irish chemicals company. The buyer,...
Because there just wasn’t quite enough cybercrime in the world — the ever-inventive folks using computers to separate innocent people from their money seem to have a evolved a brand new heinous tactic: creating fake profiles on online dating sites to rob people genuinely looking for...
Another one bites the dust, as they say. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
Symphony Commerce, a startup that provides cloud-based technology for eCommerce platforms, raised $11 million in venture capital funding during August. The venture capitalists that took part in the latest round of fundraising include Charles River Ventures, Blue Cloud Ventures, Bain Capital Ventures and FirstMark Capital. With the...
Mobile payments are the wave of the future, and it’s the digitization of loyalty programs by banks and credit card issuers that lays the groundwork for widespread adoption of digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Investors had risen concerns over Salesforce‘s recent M&A spree, having spent a combined $3.5 billion on acquisitions in the last six months alone, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Australia has launched an investigation into big banks’ lending practices with small business borrowers, reports said on Wednesday (Aug. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
According to an RSR Research study, a surprising number of digital gift card programs are poorly executed among many U.S. retailers. The Annual Digital Gifting Benchmark Study examined 100 digital gift card programs of retailers from the Internet Retailer 100 and Nation’s Restaurant News, as...
Member Banks of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) seem to be in the cybercriminal’s crosshairs these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
